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Bitcoin dominance nears historic resistance, a level that previously triggered altcoin surges. A breakout or rejection is imminent. If history repeats, dominance rejection could fuel an altseason, shifting market sentiment toward alternative cryptocurrencies. A decisive move past resistance may signal continued Bitcoin strength, while failure could mark the start of another altcoin cycle.
Ali Martinez highlighted XRP forming a striking symmetrical triangle chart with a target of $15. XRP is currently attempting to flip the $2.75 price level into support before moving higher. Bloomberg analyst said that the SEC could acknowledge the Grayscale 19b-4 for a spot XRP ETF.
Bitcoin’s resilience suggests a changing view of inflation’s impact on digital assets. U.S. inflation exceeds forecasts, delaying Federal Reserve rate cut expectations. Powell signals cautious Fed stance as inflation concerns persist despite progress.
- 02:56Trump and Republican Hardliners Reach Consensus on Crypto Bill, Putting Legislation Back on TrackAccording to a report by Jinse Finance, Politico has reported that President Trump announced an agreement with Republican hardliners on cryptocurrency legislation. Previously, some Republican lawmakers had unusually defied Trump's wishes and blocked procedural votes on three cryptocurrency regulatory bills. After negotiations at a White House meeting, these bills are now back on track for passage.
- 02:56A user loses $340,117 worth of USD0++ due to signing a "Permit" phishing signatureAccording to a report by Jinse Finance, Scam Sniffer monitoring revealed that a user lost USD 340,117 worth of USD0++ after signing a phishing "Permit" signature.
- 02:56"Silent for 14 Years, 80,000 BTC Whale Moves 10,000 BTC 9 Hours Ago"According to a report by Jinse Finance, Arkham data shows that the "whale holding 80,000 BTC dormant for 14 years" transferred 10,000 BTC (approximately $1.16 billion) 9 hours ago to an address starting with bc1qklv.